JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Purchased by IFP Advisors Inc

IFP Advisors Inc boosted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 0.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 380,780 shares of the company’s stock after purchasing an additional 730 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 0.6% of IFP Advisors Inc’s investment portfolio, making the stock its 26th biggest holding. IFP Advisors Inc’s holdings in JPMorgan Ultra-Short Income ETF were worth $19,180,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in JPST. New Wave Wealth Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $25,000. Eastern Bank boosted its position in JPMorgan Ultra-Short Income ETF by 95.1% in the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after buying an additional 250 shares during the last quarter. Kennebec Savings Bank purchased a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at about $27,000. Maryland Capital Advisors Inc. purchased a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $31,000. Finally, Bogart Wealth LLC boosted its position in JPMorgan Ultra-Short Income ETF by 7,744.4% in the 4th quarter. Bogart Wealth LLC now owns 706 shares of the company’s stock valued at $36,000 after buying an additional 697 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.56 on Monday. The firm has a 50-day moving average of $50.48 and a two-hundred day moving average of $50.52. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.75.

About JPMorgan Ultra-Short Income ETF

The JPMorgan Ultra-Short Income ETF (JPST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated debt securities with an effective duration of one year or less. JPST was launched on May 17, 2017 and is managed by JPMorgan Chase.